Agrinews

May 5, 12:06 Source: APK-Inform Views: 353

Ukraine to encourage the direct foreign investments into the agro-industrial complex

If the conditions are favorable, Ukraine to encourage the direct foreign investments (DFI) at the amount of 940-950 mln USD till 2015, declared the Director of the National Scientific Center “Institute of Agrarian Economics”, Yuri Lupenko on April 30, 2014.

As of the beginning of 2014 the DFI had totaled 839.3 mln USD. The State Statistics Service stated the direct foreign investments into the agriculture and economic in general increased by 15% and 5% respectively.

The major country-investor for the Ukrainian agto-industrial complex is Cyprus, which provided 376.2 mln USD, or 45% of the total volume of DFI. The second place took Germany, invested 71.5 mln USD (8.5%). The third one – Denmark, with the share of 8% - 66.2 mln USD.

Y.Lupenko added that 56% of investments are directed to the plant-production industry, primary for the annual and biannual crops' growing. Note in 2013 the share of the investments in the cattle breeding industry development totaled 34% of the total rate.

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